Protection of Administrative Agent. (a) Unless the Administrative Agent has actual knowledge or actual notice to the contrary, it may assume that each Lender's address set out in Schedule 1 attached hereto is correct, unless and until it has received from such Lender a notice designating a different address.
Protection of Administrative Agent. Notwithstanding anything to the contrary expressed or implied herein, the Administrative Agent shall not:
Protection of Administrative Agent. The Administrative Agent shall not be liable for any action taken or omitted to be taken by it under any Operative Document or in connection therewith, except for its own gross or intentional fault or wilful misconduct. 21.4 Interest Holders The Administrative Agent may treat each Lender as the holder of all of the interests of such Lender in respect of the Revolving Facility until a duly executed and delivered Loan Transfer Agreement in form and substance satisfactory to the Administrative Agent, has been delivered to the Administrative Agent and the Administrative Agent has been paid its required processing fee for such Assignment. 21.5 Consultation with Professionals The Administrative Agent may engage and consult with Xxxxxxx' Counsel, accountants, consultants, financial advisors and other experts, and the Administrative Agent shall not be liable for any action taken or not taken or suffered by it in good faith and in accordance with the advice and opinion of Xxxxxxx' Counsel or such accountants, consultants, financial advisors or other experts. 21.6
Protection of Administrative Agent. In the event that either (i) the Borrower's interest in the Assigned Agreement shall be sold, assigned, or otherwise transferred pursuant to the exercise of any right, power, or remedy by the Administrative Agent or pursuant to judicial proceedings, or (ii) the Borrower rejects the Assigned Agreement under 11 U.S.C. Section 365, and such rejection is approved by the appropriate bankruptcy court, and, in either case, (a) no funds payable under the Assigned Agreement shall then be due and payable to the Company at the time of such transfer or rejection, (b) the Administrative Agent shall have arranged for the curing of any default susceptible of being corrected by the Administrative Agent or by a purchaser at any judicial or no-judicial sale, and (c) the Assigned Agreement shall have been terminated pursuant to the terms thereof by reason of default or a rejection by the Borrower or a trustee in bankruptcy under 11 U.S.C. Section 365, the Company shall, within fifteen (15) days after receipt of written request therefor, execute and deliver a fiber exchange agreement to the Administrative Agent or its permitted designee (or the assignee of either of them, as the case may be) for the remainder of the term of the Assigned Agreement and with the same terms as are contained in the Assigned Agreement and with respect to all facilities that were subject to the Assigned Agreement.
